Tesla cars can be bought with Bitcoin

23/04/2021 / Comments 0 / 435 / News 2021
Tesla cars can be bought with Bitcoin
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Tesla cars can be bought with Bitcoin
In recent times, it’s become more common to actually use your cryptocurrency to buy goods and services and one such very sought-after goods are the Tesla car brands. With the volatility of value in Bitcoin and other major cryptocurrencies, there is no better time to consider cashing in on some real assets such as a Tesla electric car.

Elon does it again
One major breakthrough lies with Tesla’s CEO, Elon Musk who is a major Bitcoin fan and has invested heavily into cryptocurrency. To be precise, about £1.1 billion worth of Bitcoin. This was one of the reasons we saw a sharp increase in Bitcoin’s value, by going to record levels.

To add to Elon Musk’s initial investment, Tesla will be running its own internal software to handle Bitcoin payments, which “operates Bitcoin nodes directly” as quoted by Elon Musk. In this instance, nodes are the computers and operating software that will be used to process all the Bitcoin transactions. To give extra peace of mind to those who want to see the ecosystem thrive, all Bitcoins paid to purchase a Tesla car will be retained as Bitcoin and not converted into any other currency.

How much deposit?
In the coming months, the facility to purchase Tesla cars in Europe and other countries will be rolled out, and it will only take a deposit of $100 (£72) to secure your new Tesla car. Be aware, due to Bitcoin’s current volatile price, it does make buying real-world goods pretty precarious. For example, if a refund is requested, it will be paid in either the exact amount of Bitcoin paid to begin with, but if the price of the Bitcoin rises before the refund is paid out, the customer could then lose out.

Used car alternatives
Best Price Car Sales has partnered with a company called AutoCoin Cars, which enables all of our customers the ability to purchase any of our used cars with cryptocurrency, this also includes used Tesla cars. Even if we have to source the right used car for you through our network of units across the country, you can still purchase any used car using any legitimate form of cryptocurrency, including Bitcoin.

All of our used cars have been HPI checked, and will come with a full MOT as well as a full warranty. Even as lockdown has started to ease across the UK, we will still offer a free delivery service of your newly purchased used car, either to your home or place of work. We will even accept your old car as part exchange, which will save you the hassle of trying to sell it or dispose of in an ethical way.

To find out more about how you can own a newer used car using your cryptocurrency, call us now on 02382 549 222 and speak to one of our friendly advisors today or if you prefer using another payment method, such as car finance, click here to apply for a quick decision and instant same day approval.

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